Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

(Updates from 10:39 a.m. ET with closing information.)

NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say on CNBC's "Squawk On The Street" Tuesday.

Kinder Morgan Energy ( KMP) touched $77 on Monday. Cramer wasn't surprised because the company is terrific and has "got a nice a yield." KMP closed 3.2% higher at $83.20.

BlackBerry ( BBRY) reports earnings on Friday. "I love this idea that Citigroup says it could be a squeeze," Cramer scoffed. BBRU rose 3.3% to $14.56.

Cramer laughed as he read the explanation by the Men's Wearhouse ( MW) board of directors on why it dismissed George Zimmer, the chairman and founder -- that Zimmer had "difficulty accepting that Men's Wearhouse is a public company with an independent board of directors."MW jumped 5.7% to $37.13.

Lam Research ( LRCX - Get Report) is "in the sweet spot for semiconductor equipment, which is coming back," Cramer said. LRCX rose 3.8% to $45.17.

Oppenheimer lowered its estimates for Apple ( AAPL - Get Report), an action that doesn't seem to surprise anyone these days when it comes to Apple, according to Cramer. AAPL was unchanged at $402.63.

Goldman Sachs upgraded Valero Energy ( VLO - Get Report) to neutral from sell. Cramer agreed with the call, citing Goldman's solid timing with the previous sell rating. VLO ended 3.6% higher at $34.98.

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-- Written by Bret Kenwell in Petoskey, Mich.

At the time of publication, Cramer's Action Alerts PLUS had a position in AAPL.

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